THQ Nordic has just announced that they've acquired the developer Piranha Bytes, who are known for their Gothic, Risen, and ELEX action role-playing games. Including all of Piranha Bytes' intellectual properties, this sale has apparently been quite productive for the developer.
Piranha Bytes sale seems like a very undisruptive one, as the dev will remain working as an independent studio under the THQ Nordic umbrella, and will retain full creative freedom to this end, according to sources. THQ Nordic will, however, act as their publisher in practice.
"We look forward bringing Piranha team into the family which has received legendary status across the RPG community as their fan base cherishes their current games and eagerly anticipates their new titles in the future," said Lars Wingefors, THQ Nordic CEO.
Piranha Bytes' CEO Michael Ruve also had good words to share: "We have a successful and long-standing relationship with THQ Nordic and are very excited to join the group." The company received a payment that's equivalent to estimated three years' worth of royalty payments for Piranha Bytes' upcoming games, had the acquisition not happened.
"We see a unique opportunity to continue to develop great, memorable and impactful RPG games, now being part of the THQ Nordic family," concluded Ruve. With plenty more coming from Piranha Bytes, this genre veteran is going to keep safely producing more games for fans to enjoy.